Hot off the wire from AllThingsD:

Rose’s mobile app incubator Milk yesterday announced it was shutting down its only product, Oink.

Google is not outright buying or “acqhiring” Milk, the sources explicitly said, but Rose and some others from the company have been hired. It’s not clear what will happen to Milk after Rose joins Google.

His social and more recent local background would seem to make him a natural at Google+. Rose is also an Angel investor having thrown in with Fab, Zynga, ngmoco, Foursquare, and Twitter.

Interestingly, Google was very close to acquiring Rose’s Digg four years ago, but the deal never went through.